At press time, the stock was up 6% to $123.87
The Zhitong Finance App learned that on Monday, the US stock price of Alb.US (ALB.US) rose. As of press release, the stock had risen 6% to 123.87 US dollars. According to the news, the commissioning ceremony of Yabao's project for lithium hydroxide lithium hydroxide batteries with an annual output of 50,000 tons in Sichuan was held on the 26th. With the official commissioning of the project and the increase in production capacity, it is expected to achieve an annual output value of 5 billion yuan, further complementing the local lithium battery industry chain and helping the development of the Meishan New Energy New Materials Industry Cluster.